Compound Planning Inc. Has $28.44 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

Compound Planning Inc. boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 44.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 369,300 shares of the company’s stock after buying an additional 113,121 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 0.8% of Compound Planning Inc.’s investment portfolio, making the stock its 27th biggest holding. Compound Planning Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $28,443,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AVEM. Rothschild Investment LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 192.7% during the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after purchasing an additional 289 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $36,000. Team Financial Group LLC lifted its stake in Avantis Emerging Markets Equity ETF by 184.2% in the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after purchasing an additional 361 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 49.5% during the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after purchasing an additional 183 shares during the period. Finally, Motiv8 Investments LLC bought a new position in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $47,000.

Avantis Emerging Markets Equity ETF Stock Up 3.2%

Shares of NYSEARCA AVEM opened at $99.71 on Friday. The business’s 50 day moving average price is $92.67 and its two-hundred day moving average price is $85.29. The company has a market cap of $26.00 billion, a PE ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a twelve month low of $66.19 and a twelve month high of $100.00.

Avantis Emerging Markets Equity ETF Company Profile

The Avantis Emerging Markets Equity ETF (AVEM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that holds emerging-market stocks of all market capitalizations considered favorable on multiple factors. The fund seeks to provide capital appreciation. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.